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Richard Davies wrote: The UK has a good crop of technology pioneers in cloud computing - for example ElasticHosts, FlexiScale, Flexiant, OnApp - and also some strong government initiatives such as G-Cloud. We will have to see whether this kind of technical leadership converts into swift mass-market adoption or not.
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FishNet Security and Financial Partner Lake Capital Acquire Florida-Based Acuity Solutions
Expanded Geographic Resources and Additional Scale Further Enhance FishNet Security's Nationwide Footprint; FishNet Security Announces the Acquisition of Acuity Solutions, Further Building on Its National Information Security Solutions Provider Platform

KANSAS CITY, MO -- (Marketwire) -- 03/23/09 -- FishNet Security is pleased to announce that on Thursday, March 19th, it acquired Acuity Solutions (http://www.acuitysolutions.com) headquartered in Tampa, Fla., with sales locations throughout the United States.

With FishNet Security's acquisition of Acuity Solutions the company has more than 350 associates, 30 offices and over $270 million in revenue. This acquisition further enhances FishNet Security's position as the largest and most respected Information Security Solutions Provider in the U.S.

"We are very pleased to complete this transaction and to be able to bring these information security leaders together. Acuity has a fantastic reputation not only in the Southeast, but throughout the country. Combining Acuity with FishNet Security enhances our presence in the Southeast geography as well as the education and government vertical market segments. We believe the combination of these strong companies will enhance our ability to provide additional valuable services to our customers, enhance our position in critical and growing markets, and continue to bolster our strong management team," says Gary Fish, CEO of FishNet Security.

The Acuity Solutions founders joining FishNet Security include: Dave Gilden, Executive Vice President of Business Development, South Region; Julio Sanchez, Executive Vice President Operations, South Region; and Mark Tuszynski, Executive Vice President of Sales, South Region. Acuity Solutions will transition to operate under the name FishNet Security.

"By Acuity Solutions joining forces with FishNet Security, we are able to expand our resources to further deliver unmatched security and secure high performance infrastructure solutions while broadening our national presence," said Dave Gilden, Chief Operating Officer for Acuity Solutions. "This provides an excellent opportunity for our company and our associates. We are very excited to become part of FishNet Security."

Through this acquisition, FishNet Security will be able to offer an increasing portfolio of services and products to its existing clients necessary to solve their complex information security and infrastructure needs. With superior vendor relationships, expansive geographic presence, broad service offerings, and continued commitment to customer satisfaction, FishNet Security further enhances its role as the market's leading Information Security Solutions Provider.

About FishNet Security

Headquartered in Kansas City, MO with offices nationwide, FishNet Security, Inc. is a leading professional services company specializing in providing information security solutions to enterprise, small-and medium-size business clients, state, local, and federal governments. The company provides audit and assessment, implementation, support, training, staff augmentation, and managed security services. For more information on FishNet Security, Inc., visit www.fishnetsecurity.com.

About Lake Capital

Lake Capital is a private equity firm that focuses on investments in service-based enterprises across various industries. The firm currently manages more than $1.3 billion in equity commitments and seeks to build leading services companies through organic and acquisition-enhanced growth. More information about Lake Capital is available at www.lakecapital.com.

About Acuity Solutions

Acuity Solutions specializes in Information Security Solutions offering full-service security consulting and integration services, products, and solutions to address all aspects of your security needs. Headquartered in Tampa, Florida, with offices throughout Florida, the company has been integrating technologies for Fortune 1000 companies and numerous industry leaders in markets such as education, finance, health care, manufacturing, technology, and Federal, state and local government. Acuity Solutions also offers well-rounded, quality solutions in support and training.

For more information:
Gary Fish
FishNet Security, Inc.
816.701.2024
Email Contact

Kevin Rowe
Lake Capital
312.640.7075
Email Contact

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